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The Theory of Consumer Behavior: this material is provided in the slides and audio lecture. i....

The Theory of Consumer Behavior: this material is provided in the slides and audio lecture. i. Explain EACH of the key assumptions of the Theory of Consumer Behavior and what the theory tells us. Read the slide and listen to the audio. ii. Does the theory of consumer behavior reflect reality? If yes, then why. If no, the why not.

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